Mustard seed prices rolled down by Rs 17 to Rs 3,893 per quintal in futures trade today on cutting down of bets by the participants and subdued physical markets.
Market players said, trimming of the positions by the operators, depressed by falling prices at the spot markets due to thin off-take by oil mills, triggered by bloated ready stocks on relentless supplies from growing belts, mainly led fall in mustard seed futures prices.
At the National Commodity and Derivatives Exchange counter, mustard seed delivery for the most traded June fell by Rs 17 or 0.43 per cent to Rs 3,893 per quintal, depicting an open interest of 94,390 lots.
The delivery for May also receded by Rs 16 or 0.41 per cent to Rs 3,853 per quintal, with the open interest of 39,220 lots.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app